Who's better at creating jobs: Government or private sector?

Valuetainment Episode #39: Who would you say is a better money manager, the private sector and corporations or the public sector and the government? You will be shocked by some of the numbers and facts that Patrick shares in this episode.

[BredouAlbanBrice]

--- Who's better at creating jobs: Government or private sector? ---

Key Takeaways:
Private Sector.

[andreanni]

Episode #68 - Private sector is the best at producing jobs for people.

[chuckhammond]

I would love to debate this topic, because here are just a few premise faults: corporations don't spend as you dream, we have as much choice in whom we elect to make those decisions on spending as we do choosing where to shop, not all taxes go towards silly things like in your examples, etc. The problem with the government is money in politics, for if we had a system focused on policy instead of fund raising we could elect better people in turn the spending would mostly fix itself. 

[jainilpatel]

Lesson 67 | Who's better at creating jobs: government or private sector?
- We vote for companies by buying from competitors if we dislike a certain brand (eg. If we dislike a certain coffee shop we will buy from StarBucks)
- By far the private sector is the best

[adamchwiukowski]

Wow, it makes me think, Thanks Pat for this message !

[theday]

The government needs money from the private sector to finance public jobs but the private sector doesnt need the government dont forget that civil servants in other worse put the tax down and government money will increase and there will be more public jobs

[johnrolfson]

Pat, I love your thinking. Honestly I knew that taxes staying with businesses would create jobs, but that's about it. Honestly, the government is terrible at spending our money. I agree. We should keep money in the private sector.

[averywade]

Wouldn't it be great if the whole country heard this message??

[thaihealthylung]

Looking back 2014 .. ur style of sharing knowledge (except for your shirt that wad loose ;) ) . Thx

[alexfeinmann]

What is better? Does the fire prevention or repair of any damage caused by fire?
If we decide it is better to prevent fire, we fire departments but if we believe it is better to repair its damage, we need bricklayers.
Masons do you create wealth but do not create the firefighters? then, we can close all fire departments and let houses burn. Then the builders will have the opportunity to create wealth repairing it burned. 

[lucasblom]

the problem is there's not enough competition of new businesses like new companies competing with Ford in new companies competing with Walmart and new companies from everyday average citizens Computing with those big ginormous monstrosity of a company we don't have more people owning their own businesses and that's the problem we need you know 80 90% of the adult population to actually own their own business that's the problem and we don't have that

[yvonneruvinski]

The younger companies are, the more jobs they create, regardless of their size.

[countlessbathory]

30 Trillion in debt that future workers across all levels will need to pay off, debt is selling the assets of the unborn.

[mcnairmetcalfe]

What I've been taught about the farmers being paid to not grow anything is to make sure there isn't a surplus. If farmers keep growing food and selling it. Price will decrease resulting in them having to grow even more food. Therefore, making a downward spiral that doesn't help anyone. #watchingeveryvideo

[rafizxDx]

Let society take care of itself a bit more.

[rjg]

studylog: 1/1/18 1846 Note government use of tax money.

[WowByrds]

*Mangoes Pat not Mangos! Keep up these videos though! I love them

[gibransaliba]

I have no vendetta against corporations

[phish_]

All I know is that the government is the one who runs the country wherever you go!

I’ve never heard any private companies that rule the country!!! 😂😂😂

That’s why the government should be the role model of its countrymen and the image of the country!!! 😂😂😂

If the government is doing polygamy then the countrymen will follow because the government is our leader that runs the country right? If the government is cheating then so as the countrymen right? 😂😂😂

The government has so many departments where they have their own duties and responsibilities!!!!

Police department cannot do the job of US Navy for example!!! Police department cannot cover US Navy because they don’t know their job unless they will train them right??? Does it make sense???? The basic first aid training probably applies in every department to save lives 😂😂😂😂😂

[clarissaalison]

What is your view on an educational non -profit 501C, Compartmentalized in your private sector in an underdeveloped country (Haiti)?